The online travel company dropped its amended S-1 form Monday morning, in which it disclosed it will offer 4 million shares. The company also reported that for the first fiscal quarter of 2012, it earned $ 4.1 million on revenues of $ 73.3 million compared to a $ 6.9 million loss for the first quarter of 2011. That?s a 39% jump in revenues over Q1 2011.
Though a date hasn?t been set for Kayak?s IPO, the company has disclosed that it will trade on Nasdaq under the symbol ?KYAK.? Meanwhile, the $ 87.5 million figure is below earlier reports that had pegged it at $ 150 million.
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Source: http://www.gadgetstech.co.uk/kayak-prepping-largest-tech-ipo-since-facebook/
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